526 Anderson AveCliffside Park, NJ 07010

Property Details for 526 Anderson Ave

Construction

BRICK

Lot size

0.11 AC

Property type

Commercial real estate

APN

06 01603-0000-00012

APU

601603000000012

Description

This exceptional investment opportunity presents a newly renovated 3,600 square foot retail property located at 526 Anderson Avenue in Cliffside Park, New Jersey, zip code 07010. The property features a fully operational restaurant with a 120-person capacity, complete with all equipment and furnishings included in the sale price of $1,599,000. A newly constructed outdoor lounge enhances the property's appeal. The building also includes a sizable 1,800 square foot second floor currently used for storage, but easily adaptable into additional retail space. This area boasts its own separate entrance and bathrooms, offering significant expansion potential. The property is situated on Anderson Avenue, a major north-south corridor in Cliffside Park, ensuring high visibility and accessibility. A liquor license is available for separate purchase. This property is classified as Retail and Land, and is categorized as a Shopping Center and Commercial property. The property is located in Bergen County, New Jersey. The precise coordinates are latitude 40.8223411 and longitude -73.9898051. This is a turnkey operation with significant upside potential for a savvy investor.

• Alternative Use

  Use

  Valuation

  Residential

  $870,500

  Hospitality

  $797,373

  Educational

  $663,405

  Medical

  $686,221

  Retail

  $1,031,964

Location Insight

City

Cliffside Park

County

Bergen

State

New Jersey

Latitude

40.8223

Longitude

-73.9898

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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